Sokha and her fellow group member are on their third loan cycle with VisionFund (Kiva’s partner). She has completely repaid her previous loan, and it has sustained her living in a good manner. As a group leader, she will use her portion of this new loan to buy fertilizer and pesticide, and to pay the fee for plowing the land. She highly hopes that she can gain triple yield, compared to her previous harvest.
About VisionFund CambodiaVisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.
Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.
This is a Group Loan
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Success!! The loan was 100% repaid